Penang State Government's strategic transformative development plan that will reconstruct the southern coast into a smart city and a world-class trade and tourist destination. Read more: www.penangprop... Source: penanginfra.co...
PSI will be the future of Penang. As we can see the population in the southern region is getting very large now, the commercial activities inevitably will be much higher potential than in Strait Quay. Also, Georgetown CBD is stagnant as it is the historical city.
Actually why need the 3 fake island, teluk kumbar and onwards still have lands. Instead of building those islands, might as well develop the south of the island. Weird decision unless for funding purpose only.